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Cory’s Chart Corner
Load MoreHeadline chasing algos need to do deeper dives...
h/t @hussmanjp
y'all realize the UK is only about 3% of U.S. trade, the U.S. already runs a surplus there, and the 10% U.S. tariffs will stay, right?
keep in mind that studies indicate U.S. consumers shoulder the majority of tariff incidence, with minor incidence to foreign countries
Daily Archives: May 19, 2017
The plain truth about investment fees
As trillions in quantitative easing flowed into financial markets the past 7 years, volatility has fallen back to historic lows and valuations to historic highs. In the process, as shown in this chart, many people have increasingly moved savings into … Continue reading
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Ex-Goldman Mnuchin: our support for Glass-Steagall did not mean “Glass-Steagall”
The trouble with people like ex-banker-turned-Treasury Secretary Mnuchin, is that intellectual dishonesty is their main operating system. Lying and tricking (and worse?) have been the backbone of their career, and they have been promoted and grotesquely enriched by it. Mnuchin … Continue reading
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